38,565 Shares in Annaly Capital Management, Inc. (NYSE:NLY) Bought by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. acquired a new stake in Annaly Capital Management, Inc. (NYSE:NLY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 38,565 shares of the real estate investment trust’s stock, valued at approximately $706,000.

Several other institutional investors also recently bought and sold shares of the company. KBC Group NV raised its position in Annaly Capital Management by 238.9% in the fourth quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock worth $95,124,000 after acquiring an additional 3,664,098 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Annaly Capital Management by 531.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock worth $79,900,000 after purchasing an additional 3,350,435 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock valued at $361,061,000 after purchasing an additional 1,342,056 shares in the last quarter. ORG Wealth Partners LLC lifted its stake in shares of Annaly Capital Management by 5,113.5% in the fourth quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock valued at $14,427,000 after purchasing an additional 773,215 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Annaly Capital Management by 21.5% during the third quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock worth $61,355,000 after buying an additional 541,869 shares in the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management Trading Down 0.9 %

NLY stock opened at $20.50 on Friday. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The company has a market cap of $11.49 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 4.66 and a beta of 1.52. The business has a fifty day simple moving average of $19.35 and a 200-day simple moving average of $19.70. Annaly Capital Management, Inc. has a 52 week low of $17.67 and a 52 week high of $21.11.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. On average, equities research analysts expect that Annaly Capital Management, Inc. will post 2.81 EPS for the current year.

Annaly Capital Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.60 annualized dividend and a yield of 12.68%. Annaly Capital Management’s payout ratio is 163.52%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on NLY shares. JMP Securities reissued a “market perform” rating on shares of Annaly Capital Management in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Annaly Capital Management from $19.00 to $21.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Barclays began coverage on shares of Annaly Capital Management in a research report on Monday, January 6th. They set an “equal weight” rating and a $19.00 target price for the company. Argus upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Thursday, October 31st. Finally, Royal Bank of Canada upped their target price on Annaly Capital Management from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Monday, January 27th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.44.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.